Post Utme Caleb University 2018 Economics Question 15

Practice objective / multiple choice question 15 from the 2018 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2018 Economics Objective / Multiple Choice
Question 15 POST_UTME_CALEB_UNIVERSITY • 2018 • ECONOMICS • objective

A firm's production function is given by Q = 3L^0.5K^0.5. What is the marginal product of labor?

Answer Options

Correct Answer A. \( 3/2 \)L^\( -0.5 \)K^0.5
B. \( 3/2 \)L^0.5K^\( -0.5 \)
C. \( 3/2 \)L^0.5K^0.5
D. \( 3/2 \)L^\( -0.5 \)K^\( -0.5 \)
Correct Answer
A
Correct Option:
\( 3/2 \)L^\( -0.5 \)K^0.5

About This Question

This is Post Utme Caleb University 2018 Economics Question 15. It is one of the objective questions from the 2018 Post Utme Caleb University Economics examination.

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